From the daily archives: Sunday, June 2, 2013
A legislative panel made an odd request of the Ohio Lottery last week: Come prepared with a presentation this week (MONDAY) that would explain just how the Lottery plans to maximize its profits.
The request comes 13 months after the Kasich administration paid a New York firm , Moelis & Co., more than $15 million to produce a plan to maximize profits from all of the state’s gambling endeavors: Horse racing, racinos, casinos and Lottery.
The Moelis deal was astonishing for two main reasons:
The unusually high, multi-million dollar fee it received. The Plain Dealer’s Brent Larkin said Moelis’ […]
Full Story... →Advertisement
Advertisement
Advertisement
Categories
2018 2020 Activism Budget Civil Rights Congressional Races Economy ECOT Education Environment Fair Elections Federal Governor's Race Governor DeWine Guns Health ICYMI Justice Labor LGBT Ohio Legislature Ohio Legislature Plunderbund Plunderbund Action Portman Presidential Safety Senate Race State State Government Statehouse Races Statehouse Races Swing State Voices Taxes and Spending Trump Women's RightsFacebook